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Search Results 0 to 21 of about 22 (some duplicates have been removed)
. >> today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> so john harwood, before we talk about this back and forth, i want to talk about the psychological impact of the rate falling below 8% today. >> it's positive for obama and say that the rate is where it was when i took office. i don't think we should be under any illusions. 7.8% is a high unemployment rate, weak economy. it is a talking point for the administration, and it will get a lot of media attention. it doesn't change the underlying economic reality facing americans, which is not good. >> the labor department lsd employers added 114,000 jobs in september. the goal would have been around 150,000, 155,000, right john? >> exactly. there were upward revisions from the month of august, which is positive for the administration. generally speaking as one labor economist told my colleague"th,n economy with three speeds, slow, idle and reverse. we're in slow mode right now, and this report reflects it. >> let's brin
announced in advance will be three on the economy, and one each on health care, the role of government, and governing. with an emphasis through out on differences, specifics, and choices. both candidates will also have two-minute closing statements. the audience here in the hall has promised to remain silent. no cheers, applause, boos, hisses, among other noisy, distracting things, so we may all concentrate on what the candidates have to say. there is a noise exception right now, though, as we welcome president obama. and governor romney. [ applause ] >> jim. >> gentlemen, welcome to you both. let's start with the economy. segment one, and let's begin with jobs. what are the major differences between the two of you about how you would go about creating new jobs? have you two minutes. each of you have two minutes to start. a coin toss determined, mr. president, you go first. >> thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality, a lot of points i want to make tonight, but the most important one is that 20 yea
will be free on the economy and one each on health care, the role of garment, and governing. there will be an emphasis throughout on differences, specifics, and choices. both will have two-minute closing statements. the audience has promised to remain silent. no cheers, applause, or other noisy distracting things so we may concentrate on what the candidates have to say. there is a noise exception right now as we welcome president obama and governor romney. [applause] welcome to you both. let's start with the economy. segment one. let's begin with drops. what are -- let's begin with jobs. what are the major differences between the two of you about how you would go about creating new jobs? you have two minutes each to start. the coin toss has determined that mr. president goes first. >> thank you very much for this opportunity. thank you, governor romney, and the university of denver. 20 years ago i became the luckiest man on earth because michelle obama agreed to marry me. i want to wish you happy anniversary and let you know that a year from now we will not be celebrating it
or the candidates. the segments will be three on the economy and one each on health care the role of government, and governing. with an emphasis throughout on differences, specifics, and choices. both candidates will also have two-minute closing statements. the audience here in the hall has promised to remain silent. no cheers applause boos hiss among other noisy distracting things, so we may all concentrate on what the candidates have to say. there is a noise exception right now, though as we welcome president obama and governor romney. [ cheers and applause ] >> jim. >> gentlemen, welcome to you both. let's start the economy segment 1, and let's begin with jobs. what are the major differences between the two of you about creating new jobs? you have two minutes -- each of you have two minutes to start. a coin toss has been determined mr. president you go first. >> obama: thank you very much for this opportunity. i want to thank governor romney and the university of colorado for your hospitality. 20 years ago i became the luckiest man on earth because michelle obama agreed t
this is not what a real recovery looks like. the labor department reports the economy added a seasonally adjusted 114,000 jobs last month which brought down the jobless rate to an unexpected 7.8 percent. here is a look at the unemployment rate since 28 state. the gray area on the left is the president since the recession. the rate has not been this low sin the inauguration in january of 2009. of course, this could be a potential boost to the president's campaign. no incumbent since the great depression has beenwith unemplo8 percent. the president said the economy is moving forward and suggested governor romney's policies would spark another financial disaster. >> we made too much progress to return to the policies that led to the crisis in the first place. i cannot allow that to happen and i won't allow it. >>trace: governor romney downplayed the new jobs numbers. he wrote in a statement and i quote, "this is not what a real recovery looks like. we created fewer new jobs in september than in august and fewer jobs in august than in july. we have lost over 600,000 manufacturing jobs since president
the economy -- >> let's get back to medicare. the president said that the government could provide the service at a lower cost and without a profit. if that's the case then it will always be the best product that people can purchase. >> just a minute, governor. >> my experience is the private sector is typically able to provide a better product at a lower cost. >> can the two of you agree that the voters have a choice, a clear choice between the two of you on medicare? >> absolutely. >> all right. so to finish quickly, briefly on the economy, what is your view about the level of federal regulation of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to
of return. do something to get the economy to move again. i think there's a lot of compelling unions that are think abouting it circhtly. to underestimate the kind of [inaudible] >> i would say one thing to watch political any in the jersey we come from a unionized state than a lot of states in the south. the union have different power and i think one of the things that is important to watch you saw it in wisconsin and you see in other places it's a growing system between public sector and union work force which is growing and the trade and the private sector. they are different views on politics and very different views on public policy coming from both sides. i think we're at an early stage on that. i think it is something to watch as we go forward in terms of the political objectives of public sector and private sector which ultimately different subjective you will see a bit of divergence in that. >> people love to talk about it. the division between public and private sector unions. there a certain number of tenet whether you're public or private. [inaudible] what you pay for the
the economy is in and under employed situation and, i guess, in general when you step back and think falling to 7.8, that is great news. it is still 7.8% and that is not so great. we still have ways to go. lori: the participation rate rose. the improvement and on employment is not because people are giving up which had been a case in prior months. >> that is definitely the case in this month. the reason twice as many people actually found work. this has been a report where it was good news all around. there was not an aspect that statistically took away the message that is sent. lori: private sector hiring was weaker than expected. >> the payroll survey, which is a more accurate survey, that is the one we focus on, companies paying, in any case, what we saw in september was very much in line with the tepid job growth we have seen over the last couple months. the employment situation is probably not getting any worse, but it certainly does not seem like it is getting any better. at this pace, 125,000, we will just not get sustained decline in the unemployment rate. lori: is it safe to say tha
a red flag for the economy. we'll talk more about the transports and what they're telling us at 6:40. we'll also focus on the economy with the man who is charged with officially calling recessions and the end of those recessions. james poterba will be here at 7:30. and our corporate story of the morning, smartphones and mobile devices. apple launches the new iphone 5 in 22 more countries today and this comes after blackberry posted better than expected quarterly results after the bell last night. still, it is an uphill climb for this company. we'll be talking to research in motion ceo. and plus we will welcome today's political news maker, senator rand paul, one of the nation's best known tea party members. and by the way, in case you went to sleep early last night, the official nfl refs were back on the field. get this, they got a standing ovation as they took the field. the ravens beating the browns 23-16. we will have more on the game and on what's happening in sports at 6:20 eastern time. first andrew has the morning's top business headlines. >>> on the global markets agenda, results
on the economy but another part of it. this is segment 3, the economy -- entitlements. the first question goes to you, mr. president. do you see a major difference between the two of you on it? -- on social security? >> we have a somewhat similar position. it is socially sound. it will have to be tweaked. the basic structure is sound. i want to talk about the values behind social security and medicare. medicare is the big driver of our deficit. my grandmother helped to raise me. my grandfather died a while back. my grandmother died three days before i was elected president. she was independent. she worked her way up. she only had a high school allocation. -- education. she ended up being the vice- president of a local bank. she ended up living along by choice. -- living alone by choice. the reasonshe could be independent because of social security and medicare. she worked all of her life, and understood there was basic floor under which she could not go. the name "entitlements" implies some sense of dependency on the part of these people. these are people who have worked hard. like my grandmot
mid election. >> no, but the facts are the facts. if we're talking about jobs and the economy, the greatest thing about this campaign is that voters have no way to say this there's not a difference between the parties. i don't care what you say, romney and the president are in different directions for the country, that's with fiscal policy, domestic policy, with healthcare especially. it is abundantly clear, and i don't know why the president didn't explain why the 5 trillion dollars that's going to be loss and why the 2 trillion is expected. i don't know why as romney said, you keep repeating and repeating, but the fact remains that what happened to the 47% of the people that were written off. aren't they included in the middle class? connell: he never mentioned that. >> he never mentioned it. connell: that had to be on purpose. that had to be -- i mean that was something that's been out there forever. he had to think oh i'm not going to bring this up. >> then why take all these notes on things this guy is saying, where he reversed himself, he should have been just smiling lo
in for matt. the jobs report, all about the economy for this election, one of two remaining before election day. both campaign and voters will be keeping a close eye on what it means for the economy. >> big part of the politics right now, and you can betemit romney will be quick to pounce if it shows the same sluggish job growth we've seen in recent months. coming up, we'll talk to cnbc's jim cramer about what we can expect. >>> also, remember that impatient driver we showed you on thursday caught on camera using the sidewalk to get around a crowded school bus. guess what? she got busted. now her mom is coming to her daughter's defense with an explanation you might find a little hard to believe. we will hear from her coming up. >>> all right. you remember this guy, the prankster who posed as a delivery guy, accidentally dropping boxes of the much-anticipated new iphone in front of all those people waiting to get into the apple store. >> oh, no. >> there it goes. we'll meet him this morning and has quite the catalog of pranks, quite the repertoire. we want to start this morning with politics
. there are questions about how we got here. >> it is a confusing report. the economy added 114,000 jobs in september which is actually less than the previous month, but the unemployment rate dropped from 8.1 to 7.8%, so coming up, we're going to talk about all of this, the impact on the presidential race with chuck todd and catch up with jim cramer from cnbc. and get into a new statement from mitt romney that he was completely wrong when he called 47% victims. a change from what he said. >> took a long time to distance himself from the remarks. >>> we will switch gears, ask you if you remember the impatient driver caught on camera using the sidewalk to get around a crowded school bus. guess what, she got busted. her mom is coming to her daughter's defense with an explanation you may find hard to believe. we're going to hear from her coming up. >>> and remember, this guy is a prankster that posed as a delivery guy, accidentally dropping boxes of the new iphone in front of those people waiting in line for the new iphone. we will talk to the prankster later this morning. >>> we start with breaking news
Search Results 0 to 21 of about 22 (some duplicates have been removed)

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